Post-90s Crypto Survivors' Confession: 30 years old, 8 years of blood and tears long march, from 60,000 to 10 million cognitive rebirth

In 2017, I entered the market with a borrowed 60,000, experiencing three rounds of bull and bear markets, and over 3,100 days and nights of life-and-death tests. From spot trading to futures, from altcoins to mainstream coins, from holding on faith to timing the market, I practically stepped on all traps, but also seized the era’s red dividends. This journey from 60,000 to eight digits, to zero, and then climbing back to eight digits, has exchanged for several unforgettable survival rules:

1. The Truth of Time and Cycles

The 10,000 Hour Rule: Focusing 8 hours a day, it takes 5 years to just touch the threshold of stable profitability, and 8 years to dare to say "somewhat knowledgeable."

The Ten-Year Test: Every bull market will create "myths," but bear markets will filter out 99% of the "survivor bias." Living longer is 100 times more important than earning quickly.

2. Survival Rules Earned Through Blood and Tears

Capital is Life: Always use money you can afford to lose; borrowing, leverage, and going all in is the shortest path to zero.

Anti-Human Nature Training: Stay calm during FOMO (Fear of Missing Out) and be greedy in despair; this is a more core ability than technical analysis.

Cash out is profit: Wealth on paper is just a number; what truly counts is what you have in your hands.

3. The Key to Cognitive Evolution

Losses are tuition, but don’t pay it a second time: Repeating the same mistakes indicates no cognitive upgrade.

Zeroing Out is the Best Teacher: Only by losing can one truly understand the essence of risk control.

Causality is Real: Today's account balance is a reflection of decisions made three years ago; wealth in three years depends on today's cognition.

Crypto Survival Guide (2024 Practical Edition)

Three Soul-Searching Questions Before Trading

Do I really understand this asset?

Can my stop-loss strategy withstand a black swan event?

In the worst-case scenario, what will I lose?

2024 Must-Follow Rules

Do not touch "wealth codes" outside of your knowledge—99% of altcoins will eventually go to zero.

Avoid leverage that keeps you "up at night"—high-leverage contracts are gambling, not investing.

Regularly withdraw survival funds—money earned in a bull market should last through a bear market.

Final Advice

The crypto world does not reward smart people; it only rewards sober survivors.

When you decide to live long in this market, remember:

"Slow is fast, less is more, and being alive has a future."